Reminder - Clough Global Allocation Fund (GLV) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Clough Global Allocation Fund (GLV) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 10/31/13. As a percentage of GLV's recent stock price of $14.94, this dividend works out to approximately 2.01%, so look for shares of Clough Global Allocation Fund to trade 2.01% lower — all else being equal — when GLV shares open for trading on 10/16/13.

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Below is a dividend history chart for GLV, showing historical dividends prior to the most recent $0.30 declared by Clough Global Allocation Fund:

GLV+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLV is likely to continue, and whether the current estimated yield of 8.03% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GLV shares, versus its 200 day moving average:

Clough Global Allocation Fund 200 Day Moving Average Chart

Looking at the chart above, GLV's low point in its 52 week range is $12.18 per share, with $16.10 as the 52 week high point — that compares with a last trade of $14.94.
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In Monday trading, Clough Global Allocation Fund shares are currently down about 0.7% on the day.

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